Agent with Lowest Commission: You Get What You Pay for

When it comes to hiring a REALTOR® to sell your home, you get what you pay for. Many homeowners mistakenly choose the agent with lowest commission- when they should be looking for the agent with the motivation to market, show, and sell your property.

Avoid the temptation and pitfalls of hiring the real estate agent with the lowest commission rate; hire one that is going to sell your house, fast and for top dollar.

Less Fee, Less Effort

It makes sense that the less money an agent is making, the less effort and legwork they may put in to selling your home. A cut commission rate may mean you get a sign in the yard and a listing online- and that’s it. Pay a motivated agent to sell your property for the best-selling price possible; it is that simple.

Marketing Costs

Real estate agents typically use their own resources to market your home- if they are not making a decent commission, how will they recoup these costs? Does this mean that there will be no marketing strategies involved in selling your home, like professional signage, open houses, or online advertising? Consider this factor, and how the agent will actively market the property, before signing an agreement or contract with any REALTOR®.

Where’s the Incentive?

When an agent is making little to no commission, what is the incentive to actually move your property? Be careful: lower commission could mean less incentive to sell your home, so it may sit on the market a while. The longer a house sits on the market, the greater the chance that you will need to lower the price to get any action with the listing.

Negotiating the Numbers

If a real estate agent is unable to negotiate their own commission favorably, should you trust them with your home asset? You want an agent that is savvy, tenacious, and will get you the best price, which earns them the highest commission, too.

Hire a Pro

If you need an agent to help sell your home or property, there are some tips suggested by successful REALTORS®  and sellers to help you find a good agent:

-     You should interview potential agents to find the right one and ensure a good fit. Ask the questions that are important to you, including what their qualifications are and how much they feel your property is worth if you were to hire them.

-     Do your homework to determine the experience and customer satisfaction of the agents you may hire. Double-check credentials online and visit the agent’s website to see how many current and sold listings they have.

-     Online reviews can share insight but be careful and only give credence to those that have actually worked with the agent(s) that you are considering using.

Looking to buy or sell property in the Metro Richmond, VA area? Team Hensley is a premiere 5-Star real estate team specializing in assisting clients in selling and purchasing properties throughout the best neighborhoods in the region. We value the relationships made with our clients, and when you work with Team Hensley, know that you are in the hands of professional and knowledgeable agents with impeccable instincts and negotiation skills. Looking to sell? Contact us now to see for yourself why our clients trust us with their homes and properties.

When it comes to hiring a REALTOR® to sell your home, you get what you pay for. Many homeowners mistakenly choose the agent with lowest commission- when they should be looking for the agent with the motivation to market, show, and sell your property.

Avoid the temptation and pitfalls of hiring the real estate agent with the lowest commission rate; hire one that is going to sell your house, fast and for top dollar.

Less Fee, Less Effort

It makes sense that the less money an agent is making, the less effort and legwork they may put in to selling your home. A cut commission rate may mean you get a sign in the yard and a listing online- and that’s it. Pay a motivated agent to sell your property for the best-selling price possible; it is that simple.

Marketing Costs

Real estate agents typically use their own resources to market your home- if they are not making a decent commission, how will they recoup these costs? Does this mean that there will be no marketing strategies involved in selling your home, like professional signage, open houses, or online advertising? Consider this factor, and how the agent will actively market the property, before signing an agreement or contract with any REALTOR®.

Where’s the Incentive?

When an agent is making little to no commission, what is the incentive to actually move your property? Be careful: lower commission could mean less incentive to sell your home, so it may sit on the market a while. The longer a house sits on the market, the greater the chance that you will need to lower the price to get any action with the listing.

Negotiating the Numbers

If a real estate agent is unable to negotiate their own commission favorably, should you trust them with your home asset? You want an agent that is savvy, tenacious, and will get you the best price, which earns them the highest commission, too.

Hire a Pro

If you need an agent to help sell your home or property, there are some tips suggested by successful REALTORS®  and sellers to help you find a good agent:

-          You should interview potential agents to find the right one and ensure a good fit. Ask the questions that are important to you, including what their qualifications are and how much they feel your property is worth if you were to hire them.

-          Do your homework to determine the experience and customer satisfaction of the agents you may hire. Double-check credentials online and visit the agent’s website to see how many current and sold listings they have.

-          Online reviews can share insight but be careful and only give credence to those that have actually worked with the agent(s) that you are considering using.

Looking to buy or sell property in the Metro Richmond, VA area? Team Hensley is a premiere 5-Star real estate team specializing in assisting clients in selling and purchasing properties throughout the best neighborhoods in the region. We value the relationships made with our clients, and when you work with Team Hensley, know that you are in the hands of professional and knowledgeable agents with impeccable instincts and negotiation skills. Looking to sell? Contact us now to see for yourself why our clients trust us with their homes and properties.

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